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'I MORTGAGE DEFD ^REW'S iO~IM t E l2 Mon~fo<I~~~a ana fo: wl~ b~ TM M. l W L. Or~W Componr
From Cor~wra~ion lu ind:r~dua'. Jodionvill~, ~~orida
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~ EXe~.-~.ted the ~ day o/ I"i~Y A. D. ~9 65 6y '
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~ GROS$ ENT~RPRISES, TNC., ,
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a corporation existing under tl~e ~au~s o( FLORIDA , and ~aving its principal p~ace o~
b~tness at Fort P3erce, Florida
hereina~te~ cal~ed t~e mortgaflor, to p?~gygg HET.LER, Truste~
w~?ose postof
Eice ac~c~resa is
hereinaf ter caj~ed the mortgagee:
(Wherever wed hecein the terma "morxsasor" and martasgee" include all the parties to this iwt-ument and the 6ein,
leltal represenativts and a+sigm o[ individuals, aad the sucuewn and mism of corporatiani; and cbe term "note"
Encluda all the notea hcreia dacribed i[ morc than one.j
~~NI~~J~NI~ lhat Jor good and valuable considerations, and also in corusderation o/ t1~e aggre-
~ gate sum nameoj in t~e promissory note of even date herewith, hereinajter described, the mortgagor here-
by grants, bar~ains, sells, aliene, remises, conveys and confirms unto t{ee mortgagee aII the certain land ~
s o~ which t{~e mortgagvr is now sei:ed and in possession situate in S~. Lucie C'ounty, ~
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LOT 28 of IPIDUSTRIAL SUBDN~SIO~',
as per plat +~hereof on file in
Plat Book 9, at page of the
Public Recards of St. Luc~e County, I
Florida.
` THIS IS A P'URCHASS MQNEY A~lORTG~AGE .
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The l+~ortgagee, Meyer Hel~ez, Trustee, hereby agrees to
subordinate this mortgage, as it applies to the West 159 feet
{ of Lot 28 of INDUSTRIAL SUBDIVISION, to another mortgage to Z
~ be obtained by the Mostgagos, GR03E ~tTZRPRISSS, Il~IC fo~ the
+ purpoae of constructing a building on the said West 159 feet. ~
Meyer He11er, Trustee, agrees to execute any necessary papers
required to subo=dinate this mortgag~ to the said mortgage to
I be obtained by GROSE ENT£RPRISES, INC., on the West 159 feet of
said Lot 28 of IND~TSTRIAL SUBDI~7ISION. The subordinatlon of
this mortg~ge as to ~.he west 159 feet of said Lot 28, is condi-
tioned upon the payrnent af $1000.00 by GROSE ~ITERPRISES, INC.,
to MEYER FiELLIER, Trustee, ag a security deposit; said security
depasit to be held by Meyer Heller, Trustee, and appl~ed against
the payment of t~e 1966 mortgage installment due under the terms
of the promi~sory note hexeinafter set out.
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11ECElVED S~'-`'~"'"~""'~' rAYMEHT OF TAXE9
I, DUEON C1A55'C' ~hitAllGtBLE ~ERSONAL PROP~RTY,
i PURSUANT ?O CHAPTER 2U724, ACTS Of IP41,
, ROG~R POITRAS, C1e~k Cirt~~it Covrt
~ as Ay~nt fia' CU~tT1S M. JAMES
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I.~CM C~unty Tax Isci~or
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~ DEPUTY ~4FRK
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